Alex Honnold is a famous professional rock climber who has been featured in documentaries and even participated in medical researches. Watch this video and think about what it means to free-solo rock climbing and how that compares to day trading and trading in general.
Many aspiring traders I have worked with assumed too much with what they know “in general” and lack the focus in developing the necessary details in the process / techniques they use in handling their trades. This is often where a trader stuck at in terms of being a consistent performer vs. lucky getting-by trader.
This video is a great inspiration for traders. It gives you an idea what to aim for exactly.
This is part of a lecture from Jordan Peterson. I do not want to cut the video short because I do not want to affect the context of his lecture in anyway that distorts his original meanings.
Jordan Peterson is a professor clinical psychologist, cultural critic, and professor of psychology at the University of Toronto.
Some highlights of the topics covered:
0:27:30 patterns and actions
0:32:00 mapping of patterns and automation
0:38:50 basic motivations and transformation
1:15:00 perception of present and future
1:23:00 why a framework is important in everything
1:29:00 importance of sense of meaning, how to handle anomaly
1:45:00 ethical abstraction, balanced life
1:53:30 summary of the lecture
2:05:00 Peter Pan story, the man-child pandemic ***
2:11:50 modern problem for young adults, how to be dangerous
One thing separates Dr. Peterson from gurus like Simon Sinek is that Dr. Peterson tells the truth while the others tell what people want to hear.
Warning: His point of view is very hard to accept for people who has (semi) Marxist beliefs.